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LOL damn! Imagine how many shares they would have wanted for a bonus though!
But seriously, if you've placed that many CEO's, you know A LOT OF PEOPLE in the private sector and most likely government as well.
Oklahoma, You are doing an awful lot of talking about people you don't know.... who would you have them hire????
Got ya, not saying that at all, just using Enwise (before we got them) as an example, that sometimes a company needs cash and they have to get it from somewhere.... Again, I think we need to wait and see what it was/is used for. I don't like dilution either, but sometimes it is necessary and if done correctly can pay off..... If we really needed the money I would rather have JS and insiders buying the shares, If we went to a financing company they would not have given any more than .05 a share and would be more likely to sell in the relative short term
Ok, I think I see where the disconnect is, I must have missed something... Why do you think the 1,000,000 is being used only for Enwise deals?
I guess I just don't understand... How do you know what their cash requirements are? (Enwise went BK due to a cash crunch despite being profitable, it happens....) Do you know all the deals that have happened or are about to that may have required cash??? I think we both have to let things shake out and see.
What do you mean by that, 1,000,000 went into the company? I am asking how you can say it was no good if you have not seen the financials yet or what the cash was\is being used for?
Do either of you know what the cash situation was at vertility?
I talked to JS yesterday as well, Brad, great job summing everything up!
I was told there will be no increase in the authorized number of shares.
A couple nice buys.... Keep em coming!
From what i have been told we do
Maybe you can let us all in on his career, I took a quote from the PR my friend.... So tell us about MR. Donovan and blockbusters corporate structure????
As usual you omit half the PR so you can make ridiculous accusations..... Why didn't you include this part????
"While Director of Finance for Blockbuster Canada, he demonstrated his extraordinary Business Development, Construction and Expansion skills while co-ordinating the chain's growth from 29 to 325 stores in a short period of 5 years. "
This was during blockbusters hayday when they were a BILLION dollar company.....
I am looking forward to that as well, I was told when talking to JS that the US industry for fanotech USA products is over a billion dollars and and with Fanotechs best in industry reputation we could capture 100,000,000 plus.... I'm very excited watching things unfold from the ground floor!
Wow! we just keep piling on the top notch executives, this is a great sign! And just confirms much of what we have heard
They were profitable, however thorugh the startup and expansion process they had incurred debts and ran into a cash crunch
Well put Bone! Sun obviously has not seen the several PR's out in the last 30 days!
And sunny we own the following:
Enwise, definitely a revenue producing company
Creative solutions, definitely a revenue producing company
70% of Sunbay Is going to pay huge dividends
Fanotech USA will create large revenues as well
Financials are being audited as we speak.
Uplist application can occur as soon audit is finished...
How would you have raised the money for acquisitions??? Would love to hear your plan!
BTW, why are you still holding onto any shares if you're so convinced nothing is happening and JS is going to take everything???
Thats the one question you never ever answer....
LOL, you got it, Good Friday
Totally agree, this is like a football team taking a draft pick, it will take some time to prove either way whether it was worth it or not. I do know however that fanotech is considered best in breed of their industry and we will be introducing them to a new market. Plus there is a huge synergy with the build out of Vertility Waste projects
That idea was originally floated with us only have a 5 year right to sell fanotech products in the US. We are now going to have ownership of the fanotch USA and all of its parts
And just to clarify, I am dead set against dilution for the sake of dilution, but with a small company like this I am all for it if it is used for growth. And also again these shares are going to someone that is an executive of the company, Not to the general public so the incentive is there to produce.
How did you all propose we acquire fanotech USA without any dilution? You either want to grow the company or you do not. There is going to be a cost. Would you prefer they try to buy it with cash? That means another private placement OR get destroyed on financing secured by shares..... I would like to hear the alternatives to growing the company???? And I don't want to hear wait.... Cause practically everyone here has been complaining the last 12 months that nothing was getting done!
They are working, believe me, it takes time putting together good marketing materials and websites... its all happening... as far as timeliness for JS, not his strong point or sometimes overly optimistic. But pretty much everything he says will get done does happen... everything is coming together nicely
I have been told they are building the foundation for the stock and talking to investors and preparing all the necessary media. They are in this for the long haul and it will take some time. They also mentioned the reason they have many loyal followers is that they don't put the cart before the horse, otherwise they would be just like all the rest of the PR firms out there... They are not interested in two day run ups followed by 2 weeks of sell offs. It is all coming, I believe the uplist could be sooner than you think...
I'm pretty confident they will, they had mentioned to me in the past that websites, social media, etc are all part of their plans. And they do have many connections and followers in the institutional and retail sector, but they probably won't become active buyers till we are off the Pinks, which should be soon
This is getting really sweet, we now basically own Fanotech America
News out! Wow I like that very much! I like that very much, Fanotech is best of breed in this sector and the US has been an untapped market for them.... Perpetual rights to Sales, marketing, and manufacture in the US is huge!
I agree, that will help a lot, many will not invest in Pinks no matter how good the prospect is
You have to remember, we added a new company this quarter and have done several other transactions. The financials are done through the current, they are being audited now, and as soon as the audit is complete they apply for uplist. The time will be here soon
Its ok Bone, once we start to get some steady buying pressure we won't see that crap happening anymore.
Maybe you would like to explain how you suck a company dry by pouring money INTO it? I would also like to know how so many high profile executives were also convinced to do the same????
Don't have a feel for this week, prob 50/50.... if not though we should definitely see something next week
Folks might want to check out the last 2 Fettler posts over at the IV board... Makes alot of sense in his own ranting way
The first quarter just ended a couple weeks ago, I would think we will see earnings released around mid May
sun, I'm soooo glad you posted that! And you know as well as everyone else you will disappear again soon just like you did over the past several weeks as the stock went from .05 to.125.... COWARD!!!!
I think you'll be happy you did that! Sure, here is the contact info and Mr. Conway is very easy to talk to
Daniel Conway
> Chief Executive Officer
> DC CONSULTING LLC
> o: 407-792-3332
> f: 407-315-0076
> daniel@dcconsultingllc.com
It will come Boardroom, the next couple of months should be very exciting. Think about it, we should be fully reporting, uplisted, and updates on the Plasma projects as well as much other news items.
If you haven't done so, talk to Mr.Conway at the PR firm. He has been through this with many Pinksheet and OTC companies. He is the real deal, he doesn't look for hype and short term price pops. He has a relationship with a great number of individual and institutional investors as well as analysts.
He explained that he deals with different tiers of investors, most will not deal with pinks no matter how good the prospects are, however a certain amount of that group will invest in otcbb stocks etc...
He also stressed that as a pink or otcbb stock transparency of the company is essential. So it doesn't make sense to just put out all the news now while we are a pink sheet because we would be eliminating a large amount of potential investors. So I think the news releases will be tiered as well till the audit is complete and we are re-listed, then watch out! We see some big news and attract a whole new group of investors and analysts.
That being said I expect to see news quite regularly from now on. The really big stuff will probably be held till after we are back on the OTCBB
Guess what, It was offered to some shareholders, and it was quite some time ago
I know you are going to laugh, but I totally believe we will hit $1 by years end. And I think we will be in the .20s - .30s within the next 30 days
I understand what you are saying, but any business man (JS born and raised his whole life) would not do that, they are going to take an equity postition for any money they put up. I just think the fact that he is investing his owm money speaks volumes, if he didn't believe in the company he would have taken the third party route and we would have taken a severe beating
I guess all I'm saying is, we will probably be finding out a lot more information over the next few weeks. I think we all, including JS want to see this thing take off and make a lot of money